Occupy Wall Street

Occupy Wall Street Says: Don’t Be Greedy

Stephanie Burton

February 6, 2012

PHL 300

William Trimyer

Greed has to be one of the major downfalls in business today. “Consumers have had it with corporate greed; their rage is spilling into the streets around the world (Stengel, 2011).” Greed is not new; greed has been around for centuries. It is just more visible now that we have better means of communication. The major players in this article are the consumers and the companies that make products or services that consumers buy. Social responsibility should be expected from everyone, the consumer and corporations.

Social responsibility is good for the bottom line because:

* Consumers prefer to buy from social responsible companies.

* Companies that are socially responsible preform as well or better in the markets.

* Investors are shifting more dollars to socially responsible companies.

* Employees of socially responsible companies are more productive and loyal (Stengel, 2011).

Corporate greed has been brought to the forefront in recent months because of the Occupy Wall Street movement. Occupy Wall Street started because people have realized that one percent of the population makes ninety-nine percent of the money in the world. With unemployment at its highest ever, it is hard to imagine the president of a corporation making millions of dollars in salary, when there are thousands, if not millions, of people just looking for food to feed their family.

My position on this issue is that we need to spread the wealth more. Let the money go equally to the employees or stockholders of a company. Sure the owner or a CEO of a company should be paid for the responsibility. But when they are making millions of dollars and the people working for them, barely can make ends meet, something should be done. The environment is also important to me; I am willing to spend more for a product that comes from an environmentally friendly company. I try not to...